Economic news
Rithm Capital agrees to buy $17bn private credit firm Crestline
Real estate investment firm to acquire group specialising in direct lending as it seeks to expand offerings
Gold could hit nearly $5,000 if Trump undermines Fed, says Goldman Sachs
President’s attack on US central bank will erode dollar’s reserve status and extend precious metal’s rally, say analysts
A ‘bad bank’ can solve Europe’s Russian assets conundrum
If the political will is lacking to seize Moscow’s reserves outright, there are other ways
Peter Thiel-backed fintech Brex plots European expansion in push for IPO
$12bn group seeks expansion in sign of resilience among start-ups launched in a period of ultra-low interest rates
JPMorgan to enter German retail bank market in European expansion
Chase will offer a savings account as its first product in Germany